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DEBT (Tables) | 9 Months Ended
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Sep. 30, 2021
Debt Disclosure [Abstract] |
Schedule of Debt | The following table provides information regarding the Company’s debt.
| September 30, 2021 |  | December 31, 2020
| (In thousands)
Convertible notes |  |  |
Notes due 2028 | $ | 575,000 |  |  | $ | — |
Less: unamortized discount and issuance costs | (154,636) |  |  | — |
Carrying amount of Notes due 2028 | 420,364 |  |  | — |
Notes due 2026 | 632,500 |  |  | — |
Less: unamortized discount and issuance costs | (117,548) |  |  | — |
Carrying amount of Notes due 2026 | 514,952 |  |  | — |
Notes due 2025 | 102,175 |  |  | 320,000 |
Less: unamortized discount and issuance costs | (17,306) |  |  | (64,979) |
Carrying amount of Notes due 2025 | 84,869 |  |  | 255,021 |
Notes due 2024 | 1,068 |  |  | 88,140 |
Less: unamortized discount and issuance costs | (185) |  |  | (19,119) |
Carrying amount of Notes due 2024 | 883 |  |  | 69,021 |
Notes due 2023 | 5,000 |  |  | 5,000 |
Less: unamortized issuance costs | (72) |  |  | (102) |
Carrying amount of Notes due 2023 | 4,928 |  |  | 4,898 |
Sale of long-term financing receivable recorded as debt | 287 |  |  | 1,925 |
Total carrying amount of debt | 1,026,283 |  |  | 330,865 |
Less: current portion of convertible notes and long-term financing receivable recorded as debt | (86,039) |  |  | (325,967) |
Long-term debt | $ | 940,244 |  |  | $ | 4,898 |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2028:
| Three Months Ended September 30, 2021 |  | Nine Months Ended September 30, 2021 |  |
| (In thousands)
Amortization of debt discount | $ | 4,929 |  |  |  |  | $ | 11,412 |  |  |  |  |
Amortization of debt issuance costs | 235 |  |  |  |  | 550 |  |  |  |  |
Total interest cost recognized | $ | 5,164 |  |  |  |  | $ | 11,962 |  |  |  |  |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2026:
| Three Months Ended September 30, 2021 |  | Nine Months Ended September 30, 2021 |  |
| (In thousands)
Amortization of debt discount | $ | 5,650 |  |  |  |  | $ | 13,023 |  |  |  |  |
Amortization of debt issuance costs | 404 |  |  |  |  | 943 |  |  |  |  |
Total interest cost recognized | $ | 6,054 |  |  |  |  | $ | 13,966 |  |  |  |  |
The following table presents the total amount of interest cost recognized relating to the Notes due 2025:
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
| 2021 |  | 2020 |  | 2021 |  | 2020 |  |
| (In thousands)
Contractual interest expense | $ | 64 |  |  | $ | 200 |  |  | $ | 278 |  |  | $ | 449 |  |  |
Amortization of debt discount | 1,047 |  |  | 3,110 |  |  | 4,469 |  |  | 6,922 |  |  |
Amortization of debt issuance costs | 123 |  |  | 380 |  |  | 539 |  |  | 848 |  |  |
Total interest cost recognized | $ | 1,234 |  |  | $ | 3,690 |  |  | $ | 5,286 |  |  | $ | 8,219 |  |  |
The following table presents the total amount of interest cost recognized in the statement of operations relating to the Notes due 2024:
| Three Months Ended September 30, |  | Nine Months Ended September 30, |  |
| 2021 |  | 2020 |  | 2021 |  | 2020 |  |
| (In thousands)
Contractual interest expense | $ | 2 |  |  | $ | 330 |  |  | $ | 8 |  |  | $ | 990 |  |  |
Amortization of debt discount | 14 |  |  | 1,645 |  |  | 762 |  |  | 4,828 |  |  |
Amortization of debt issuance costs | 1 |  |  | 166 |  |  | 73 |  |  | 498 |  |  |
Total interest cost recognized | $ | 17 |  |  | $ | 2,141 |  |  | $ | 843 |  |  | $ | 6,316 |  |  |
The following table presents the amount of interest cost recognized relating to the contractual interest coupon and the amortization of debt issuance costs of the Notes due 2023.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2021 |  | 2020 |  | 2021 |  | 2020 |  |
| (In thousands)
Contractual interest expense | $ | 50 |  |  | $ | 50 |  |  | $ | 150 |  |  | $ | 150 |  |  |
Amortization of debt issuance costs | 10 |  |  | 10 |  |  | 30 |  |  | 30 |  |  |
Total interest costs recognized | $ | 60 |  |  | $ | 60 |  |  | $ | 180 |  |  | $ | 180 |  |  |

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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